Common use of Investor and Eligible Asset Events Clause in Contracts

Investor and Eligible Asset Events. Applicable Borrowers shall promptly notify Administrative Agent: (i) if an Exclusion Event has occurred with respect to any Included Investor or any Designated Investor or if any other Investor has violated or breached any material term of the Partnership Agreement, the Subscription Agreement, or Credit Link Document, (ii) to the knowledge of such Borrower, any Investor has become a Defaulting Investor, (iii) there has been any decline in the Rating of any Investor (or its Credit Provider, Sponsor or Responsible Party) whether or not such change results in an Exclusion Event (it being understood that the Borrowers are not required to affirmatively monitor the Ratings of the Investors), (iv) if any Investor has provided a notice of withdrawal or request for excuse or exemption, (v) of any transfer of any such Investor’s interest in a Borrower, (vi) if a new Investor acquires an interest in such Borrower after the Closing Date, or (vii) if, to the knowledge of such Borrower, any Eligible Asset no longer meets the criteria of being an Eligible Asset. Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.

Investor and Eligible Asset Events. Applicable Borrowers Credit Parties shall promptly notify Administrative Agent: (i) if an Exclusion Event has occurred with respect to any Included Investor or any Designated Investor or if any other Investor has violated or breached any material term of the Partnership Agreement, the Subscription Agreement, or Credit Link Document, (ii) to the knowledge of such Borrower, any Investor has become a Defaulting Investor, (iii) there has been any decline in the Rating of any Investor (or its Credit Provider, Sponsor or Responsible Party) whether or not such change results in an Exclusion Event (it being understood that the Borrowers are not required to affirmatively monitor the Ratings of the Investors), (iv) if any Investor has provided a notice of withdrawal or request for excuse or exemption, (v) of any transfer of any such Investor’s interest in a Borrower, (vi) if a new Investor acquires an interest in such Borrower after the Closing Date, or (vii) if, to the knowledge of such Borrower, any Eligible Asset no longer meets the criteria of being an Eligible Asset. Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.

Investor and Eligible Asset Events. Applicable Borrowers BorrowersCredit Parties shall promptly notify Administrative Agent: (i) if an Exclusion Event has occurred with respect to any Included Investor or any Designated Investor or if any other Investor has violated or breached any material term of the Partnership Agreement, the Subscription Agreement, or Credit Link Document, (ii) to the knowledge of such Borrower, any Investor has become a Defaulting Investor, (iii) there has been any decline in the Rating of any Investor (or its Credit Provider, Sponsor or Responsible Party) whether or not such change results in an Exclusion Event (it being understood that the Borrowers are not required to affirmatively monitor the Ratings of the Investors), (iv) if any Investor has provided a notice of withdrawal or request for excuse or exemption, (v) of any transfer of any such Investor’s interest in a Borrower, (vi) if a new Investor acquires an interest in such Borrower after the Closing Date, or (vii) if, to the knowledge of such Borrower, any Eligible Asset no longer meets the criteria of being an Eligible Asset. Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.

Investor and Eligible Asset Events. Applicable Borrowers shall promptly notify Administrative Agent: (i) if an Exclusion Event has occurred with respect to any Included Investor or any Designated Investor or if any other Investor has violated or breached any material term of the Partnership Agreement, the Subscription Agreement, or Credit Link Document, (ii) to the knowledge of such Borrower, any Investor has become a Defaulting Investor, (iii) there has been any decline in the Rating of any Investor (or its Credit Provider, Sponsor or Responsible Party) whether or not such change results in an Exclusion Event (it being understood that the Borrowers are not required to affirmatively monitor the Ratings of the Investors), (iv) if any Investor has provided a notice of withdrawal or request for excuse or exemption, (v) of any transfer of any such Investor’s interest in a Borrower, (vi) if a new Investor acquires an interest in such Borrower after the Closing Date, or (vii) if, to the knowledge of such Borrower, any Eligible Asset no longer meets the criteria of being an Eligible Asset, or (viii) if it shall have formed any Specified SPE. Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.

Investor and Eligible Asset Events. Applicable Borrowers Credit Parties shall promptly notify Administrative Agent: (i) if an Exclusion Event has occurred with respect to any Included Investor or any Designated Investor or if any other Investor has violated or breached any material term of the Partnership Agreement, the Subscription Agreement, or Credit Link Document, (ii) to the knowledge of such Borrower, any Investor has become a Defaulting Investor, (iii) there has been any decline in the Rating of any Investor (or its Credit Provider, Sponsor or Responsible Party) whether or not such change results in an Exclusion Event (it being understood that the Borrowers are not required to affirmatively monitor the Ratings of the Investors), (iv) if any Investor has provided a notice of withdrawal or request for excuse or exemption, (v) of any transfer of any such Investor’s interest in a Borrower, (vi) if a new Investor acquires an interest in such Borrower after the Closing Date, or (vii) if, to the knowledge of such Borrower, any Eligible Asset no longer meets the criteria of being an Eligible Asset, or (viii) if it shall have formed any Specified SPE. Applicable Borrowers shall, no later than thirty (30) days prior to the expiration of the Investment Period of any Investor, notify Administrative Agent of the expiration thereof.